Eurozone Consumer Prices Fall

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

Consumer prices in the eurozone fell more sharply and more broadly in January, heightening the risk of a slide toward deflation that the European Central Bank hopes to halt and then reverse through its new bond-buying program. The European Union's ...

Visa Reports Rise in Quarterly Profit -- 2nd Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Robin Sidel And Josh Beckerman Visa Inc. reported quarterly earnings that topped Wall Street expectations as the company posted growth in payment volume and announced a four-for-one stock split. The increase, which sent shares up in after-hours trading, came ...

Japan Shares Lead Asia Mostly Higher

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

Stocks in Japan led Asia mostly higher Friday with electronics maker Toshiba Corp.'s shares rising on its sharp earnings growth. The Nikkei Stock Average was up 0.9%, and the S&P; ASX 200 was up 0.7%, each tracking gains in the ...

Shake Shack Prices IPO Above Expectations

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Corrie Driebusch Thanks to hearty investor appetite, Shake Shack Inc.'s initial public offering priced well above expectations, netting the burger chain a valuation of $745.5 million. The restaurant chain, which calls itself a "modern day roadside burger stand," priced ...

Thailand's Economic Recovery Remains Soft in December

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Nopparat Chaichalearmmongkol BANGKOK--Private consumption and investment in Thailand remained weak in December as both households and businesses spent cautiously in the face of an uncertain global and domestic economy, data from the central bank showed Friday. Thailand's private consumption ...

UK Consumer Credit Slows in December

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Jon Sindreu and Jason Douglas LONDON--Credit to U.K. households grew in December at the slowest pace in more than a year, figures from the Bank of England showed Friday. Total lending to individuals increased by 2.2 billion pounds ($3.3 ...

Industry Association Sees German Retail Growth at 1.5%

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Natalia Drozdiak FRANKFURT--German retail sales will grow by 1.5% this year thanks to solid economic conditions, German retailers association HDE said Friday. The association foresees sales rising to 466.2 billion euros ($528.3 billion) this year. Online sales, set to ...

U.S. GDP Growth Slows To 2.6% In Fourth Quarter

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Josh Mitchell and Jeffrey Sparshott WASHINGTON-U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring obstacles facing the recovery as troubles mount abroad. Gross domestic product--the broadest measure of goods and services produced across ...

U.S. GDP Growth Slows To 2.6%

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

WASHINGTON-U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring obstacles facing the recovery as troubles mount abroad. Gross domestic product--the broadest measure of goods and services produced across the economy--expanded at a 2.6% annual ...

Danish Regulator Demands Details on Saxo Bank Swiss Franc

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

Denmark's financial services regulator on Friday ordered Saxo Bank A/S to hand over details of its handling of Swiss franc trades amid chaotic moves in the currency earlier this month. The brokerage is under fire from clients after it altered ...

Italy Unemployment Rate Falls for First Time in Seven Months - Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

(Adds details, background.) By Liam Moloney ROME--Italy's unemployment rate fell for the first time in seven months in December to its lowest level since September, official data showed Friday, a welcome reprieve for the government of premier Matteo Renzi, who ...

Canada Swings to Budget Surplus in November

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Nirmala Menon OTTAWA--The Canadian government swung to a budget surplus in November as personal income tax revenue rose and program spending and debt charges fell. Ottawa's deficit for April through November, which represents two-thirds of the current fiscal year ...

Eurozone PMIs Likely to Remain Unchanged in January

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Jon Sindreu Economists expect Purchasing Managers' Index indicators to show economic activity remained broadly unchanged in the eurozone in January. Median forecasts by economists polled by The Wall Street Journal suggest PMIs for Germany and the eurozone will continue ...

For Stock Investors, New Opportunities in the Old -2-

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

Continental Drift Investors who are placing such bets should keep in mind the possibility that Europe's economy could keep drifting. Economists have predicted a European revival in recent years, only to be disappointed by persistently anemic growth. Peter Westaway, chief ...

India Changes GDP Calculation Method -- Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Raymond Zhong And Anant Vijay Kala NEW DELHI--India surprised economists Friday evening by ratcheting up its official economic-expansion figure for the previous fiscal year, marking it as a year of sharp recovery rather than continuing stagnation, and putting India's ...

Mexico to Cut Planned Spending -- Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Anthony Harrup MEXICO CITY--The Mexican government will cut planned spending by about $8.3 billion this year to cushion the effects of plunging oil prices and adverse global economic conditions, Finance Minister Luis Videgaray said Friday. The minister said the ...

Dollar Falls Against Yen on Softer U.S. GDP Growth

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By James Ramage The dollar fell against the yen after word that the U.S. economy grew more slowly than expected in the last three months of 2014, tempering market expectations for higher interest rates. Investors moved into assets they perceived ...